Bharat Book Bureau Provides the Trending Market Research Report on “Network Automation Market by Component, Deployment Mode, Industry Size, Networking Type (Physical Networking, Virtual Networking, Hybrid Networking), Industry Vertical (CSPs, Data Centers, and Enterprises)– Global Forecast to 2028”under Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Network Automation Market by Component, Deployment Mode, Industry Size, Networking Type (Physical Networking, Virtual Networking, Hybrid Networking), Industry Vertical (CSPs, Data Centers, and Enterprises)– Global Forecast to 2028
The research report titled “Network Automation Market by Component, Deployment Mode, Industry Size, Networking Type (Physical Networking, Virtual Networking, Hybrid Networking), Industry Vertical (CSPs, Data Centers, and Enterprises)– Global Forecast to 2028” provides an in-depth analysis of network automation market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2028. The global network automation market is expected to reach $32.4 billion by 2028, growing at a CAGR of 22.8% during the forecast period of 2021 to 2028.
The growth of this market is mainly attributed to the increasing demand for safer smart healthcare systems with intent-based networking technology, the growing need to detect and identify old hardware, compliance issues, and storage issues. Besides, the increasing need for zero-touch provisioning and unified network visibility is also among the key factors driving the growth of the network automation market.
The study offers a comprehensive analysis of the global network automation market with respect to components, deployment mode, enterprise size, networking type, industry vertical, and geography. The global network automation market is segmented based on component (solutions/software and professional services), deployment mode (on-premise and cloud-based), industry size (large enterprises and small and mid-sized enterprises), networking type (physical networking, virtual networking, and hybrid networking), industry vertical (CSPs, data centers, and enterprises). The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the solution segment is expected to record the fastest growth over the forecast period. The growth of this segment is mainly driven by the rising investment in R&D activities, increasing and varying connectivity demands by communication service providers, and the presence of well-established network automation solution providers. Also, increasing adoption of network automation solutions across several enterprises, including IT & telecommunication, manufacturing, retail, healthcare, government, and public sector, resulting in the growing demand for network automation tools expected to record the fastest growth over the forecast period.
Based on industry vertical, in 2021, the data center industry is expected to command the largest share of the network automation market. The growing demand to automate routine workflows and processes of data centers, increasing deployments of network automation solutions for data centers and growing need to reduce repetitive or mundane tasks, speed up processes, and drive down overhead in data centers are the factors driving the growth of the data center segment.
Geographically, the network automation market is segmented into five major geographies, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2021, North America is projected to command the largest share of the network automation market. However, the Asia-Pacific region is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by the increasing deployments of SDN and NFV by Asia-Pacific enterprises, rising demand for a broad range of value-added network services, growing demand for network automation solutions from service providers, increasing demand for network automation solutions by the telecommunication sector, and increasing demand for connected devices by the healthcare industry.
The key players operating in the global network automation market are Cisco Systems, Inc. (U.S.), VMware, Inc. (U.S.), Red Hat, Inc. (U.S.), IBM Corporation (U.S.), Juniper Networks, Inc. (U.S.), Micro Focus International plc (U.K.), BMC Software, Inc. (U.S.), Fujitsu Group (Japan), AppViewX (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), Forward Networks, Inc. (U.S.), SolarWinds Corporation (U.S.), Apstra (U.S.), NetBrain (U.S.), BlueCat Networks (Canada), Itential (U.S.), NetYCE (Netherlands) Microsoft Corporation (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Dell Technologies, Inc. (U.S.), NVIDIA Corporation (U.S.), Huawei Technologies Co., Ltd. (China), Arista Networks, Inc. (U.S.), Anuta Networks International LLC (U.S.), Nokia Corporation (Finland), Palo Alto Networks, Inc. (U.S.), and Fortinet, Inc. (U.S.).
Key Questions Answered in the Report-
•Which are the high growth market segments in terms of component, networking type, enterprise size, deployment mode, industry vertical, and countries?
•What is the historical market for network automation across the globe?
•What are the market forecasts and estimates from the period of 2019-2028?
•What are the major drivers, restraints, and opportunities in the global network automation market?
•Who are the major players in the global network automation market, and what market share do they hold?
•Who are the major players in various countries and what share of the market do they hold?
•How is the competitive landscape?
•What are the recent developments in the global network automation market?
•What are the different strategies adopted by the major players in the global network automation market?
•What are the geographical trends and high growth countries?
•Who are the local emerging players in the global network automation market and how do they compete with the other players?
Browse our full report with Table of Content : https://www.bharatbook.com/report/1165036/network-automation-market-by-component-deployment-mode-industry-size-networking-type-physical-networking-virtual-networking-hybrid-networking-industry-vertical-csps-data-centers-and-enterprises-global-forecast-to
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